TrueShares Structured Outcome (November) ETF (BATS:NOVZ) Short Interest Update

TrueShares Structured Outcome (November) ETF (BATS:NOVZ) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totaling 634 shares, a drop of 86.0% from the June 30th total of 4,539 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 8,042 shares, the short-interest ratio is presently 0.1 days.

TrueShares Structured Outcome (November) ETF Stock Performance

TrueShares Structured Outcome (November) ETF stock opened at $46.57 on Friday. The firm has a market cap of $34.46 million, a price-to-earnings ratio of 24.25 and a beta of 0.76. TrueShares Structured Outcome has a 1 year low of $41.57 and a 1 year high of $47.73. The firm’s 50 day moving average price is $46.95 and its two-hundred day moving average price is $45.14.

Institutional Investors Weigh In On TrueShares Structured Outcome (November) ETF

A hedge fund recently bought a new stake in TrueShares Structured Outcome (November) ETF stock. JPMorgan Chase & Co. bought a new stake in shares of TrueShares Structured Outcome (November) ETF (BATS:NOVZ) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 3,488 shares of the company’s stock, valued at approximately $146,000. JPMorgan Chase & Co. owned about 0.47% of TrueShares Structured Outcome (November) ETF as of its most recent SEC filing.

TrueShares Structured Outcome (November) ETF Company Profile

The TrueShares Structured Outcome (November) ETF (NOVZ) is an exchange-traded fund that is based on the S&P 500 Price index. The fund aims for specific buffered losses on the S&P 500 over a specific holdings period with uncapped gains, subject to strategy costs. The actively-managed fund holds options and collateral. NOVZ was launched on Oct 30, 2020 and is managed by TrueShares.